FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer with the formula :) A stock has an expected return of 11.4 percent, the risk-free rate is 3.9 percent, and the market risk

please answer with the formula :)
image text in transcribed
A stock has an expected return of 11.4 percent, the risk-free rate is 3.9 percent, and the market risk premium is 6.8 percent. What must the beta of this (Use cells A6 to B8 from the given information to complete this question.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Financial Management

International Financial Management

Authors: Geert Bekaert, Robert J. Hodrick

4th International Edition

013284298X, 9780132842983

More Books

Students also viewed these Finance questions

Question

★★★★★
Stallman Company took a physical inventory on December 31 and determined that goods costing $200,000 were on hand. Not included in the physical count were $25,000 of goods purchased from Pelzer...

Answered: 1 week ago

Question

★★★★★
Coping with competitive pressure and sport performance anxiety

Answered: 1 week ago

Question

★★★★★
Depreciation information for Corales Company is given in BE10-3. Assuming the declining-balance depreciation rate is double the straight-line rate, compute annual depreciation for the first and...

Answered: 1 week ago

Question

★★★★★
White Enterprises issued a 13 year straight bond with a 5.40 percent coupon. The yield to maturity on the bond is 5.51 percent. What is the current price of the bond?

Answered: 1 week ago

Question

★★★★★
A. Ms. Vogel purchased a new car from Rally Motors and she took it back to the dealership 8 times to repair a rattling noise. She believes it was not fixed, although the mechanics said they could not...

Answered: 1 week ago

Question

★★★★★
Jennifer Davis is the bookkeeper for Pharoah Company, Inc. Jennifer has been trying to get the company's balance sheet to balance. She finally got it to balance, but she still isn't sure that it is...

Answered: 1 week ago

Question

★★★★★
Uber took the lead in point-to-point, on-demand transportation, literally changing the way we move. It competes not by building its own fleet but by leveraging peer-to-peer coordination between...

Answered: 1 week ago

Question

★★★★★
These HOT Topics will introduce you to current events in the industry. This is your chance to brainstorm ideas with your classmates and discuss things that are happening right now! Look at this...

Answered: 1 week ago

Question

★★★★★
What is the first step in defining requirements for an application? determining what the application must have and do creating a superclass for all of the objects in the application choosing which...

Answered: 1 week ago

Question

★★★★★
Research a prominent current or historical organizational leader from your country and develop a 2-to-4 page APA-formatted paper discussing the following: Brief biography on the leader you selected...

Answered: 1 week ago

Question

★★★★★
=+Show photos of consumers?

Answered: 1 week ago

Question

★★★★★
=+Exhibit children's artwork?

Answered: 1 week ago

Question

★★★★★
=+What kind of product or service would work in these locations?

Answered: 1 week ago

Previous Question Next Question